Thor decides to journey to Utgard to battle the giants and takes Loki along as his companion. At evening they ask for food and shelter in a poor farmhouse. The peasants have no meat so Thor kills the goats that pull his chariot to be cooked for dinner. Thor tells everyone to be careful with the bones and throw them on the goat skins. The farmer's son is so hungry that he breaks a bone to suck the marrow from it. In the morning Thor uses Mjollnir to restore the goats and discovers that one is now lame. As payment for the misdeed Thor takes the two peasant children as his servants. When the foursome lands in Utgard they walk for a whole day through the forest. The boy, Thialfi, finds a large hall with one whole wall missing...